Brown Brothers Harriman (BBH) is a privately-held financial institution that has signed an agreement to lease the office space of 4,600 sq m in the complex Orange Office Park in Kraków. The project is executed by East-West Development Office. Throughout transaction Cushman&Wakefield was consulting the leaseholder, whereas the Kraków's copmany FISHEYE was representing the developer.
BBH opened its Kraków's office in the first quarter of 2012. At the moment in this office over 200 employees are employed and further recruitment is planned. ”We are very satisfied with the previous year's results of the office in Kraków. We are happy both about moving into the target head office in the complex Orange Office Park and the perspective on further development of our company,” says Michael McDonald, Managing Director at Brown Brothers Harriman in Kraków. The company is responsible for assets amounting to $3,6 trillion and manages assets estimated to $1,2 trillion. The company has been operating since 1818 and now employs 4,700 employers in 17 offices in North America, Europe and Asia.
Orange Office Park is being built in three phases and is located close to the crosswords of Nowohucka and Kilmeckiego Streets. It is going to comprise 29,000 sq m of the commercial and office area as well as 550 parking spaces. The first phase is to be completed by March 2014.
East-West Development Office sp. z o.o., the special-purpose vehicle controlled by Luxembourgian holding, is the developer of the project Orange Office Park. The company operates on the real estate markets in the Netherlands, Belgium, Germany, Austria and Poland. CFE Polska is the general contractor of the complex Orange Office Park.